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In the first 24 hours after Threads launched, Meta's Twitter rival has surpassed 50 million sign-ups, upended the social media landscape and appears to have rattled Twitter enough that it is now threatening legal action against Meta.

By Chavi Mehta and Jaspreet Singh (Reuters) -More advertisers are likely to flee Elon Musk's social-media company X after the

The exuberance surrounding artificial intelligence has driven a lot of capital into a small corner of the market

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Meta will launch a paid-for, subscription-based version of Facebook and Instagram. The company will allow people to pay up to €13 to have no ads appear on those apps. The change has been made to comply with European Union regulations, it said. As such, it will only be available to people in the EU, the European Economic Area and Switzerland. The monthly subscription plans for users in the EU, European Economic Area and Switzerland, will cost 9.99 euros ($10.58) for web users, while iOS and Android users will have to shell out 12.99 euros a month. The difference is to account for the fees taken by Apple and Google for payments on its platforms, Meta said – a move that follows a similar price difference for Twitter’s premium offering. The EU regulations threaten to curb Meta’s ability to personalize ads for users without their consent and hurt its major revenue source. Users across the world will continue to be able to use the site for free, and will see no change to their experience as a result, Meta said. But offering the paid-for subscription version allows Meta to comply with “the requirements of European regulators”, the company said, after a recent ruling. Having the option of paying for a version of Facebook and Instagram with no ads means that people will have more clearly consented to having their data used for marketing, Meta suggested it in its announcement. That in turn means it will better comply with European regulations, it said. The world’s most popular social media network has been under antitrust pressure in the EU. In July, it lost its fight against a German data curb order as Europe’s top court backed the German antitrust watchdog’s power to also investigate privacy breaches. Offering a choice between a free, ad-supported plan and an ad-free paid subscription might lead to users opting for the former, helping Meta to comply with the regulations without affecting its ad business. Meta was fined 390 million euros earlier this year by Ireland’s Data Privacy Commissioner, and was told it cannot use the so-called “contract” as a legal basis to send users ads based on their online activity. The company later said it intended to ask users in the EU for their consent before allowing businesses to target ads in order to address evolving regulatory requirements in the region. Additional reporting by agencies Read More Threads is not dying, Mark Zuckerberg insists Letitia James and 32 other attorneys general sue Meta for ‘harming youth’ People’s Instagram posts are showing where they are not expected

Adin Ross said, 'My Kick chat box was in the top right, they never ban anyone over that sh*t, they banned me for unmoderated control over chat'

BookTok is easily one of the most recognisable – and popular – communities on TikTok.

BLOOMINGTON, Minn.--(BUSINESS WIRE)--May 23, 2023--

Elon Musk said on Friday monthly users of social media platform X, formerly known as Twitter, reached a

The Associated Press has issued guidelines for its journalists on use of artificial intelligence, saying the tool cannot be used to create publishable content and images for the news service